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Embattled Credit Suisse admits 'material weaknesses'
Embattled Credit Suisse admits 'material weaknesses'
Business and Economy
by  AFP

Credit Suisse acknowledged Tuesday "material weaknesses" in its internal controls as the scandal-hit Swiss bank released its annual report, which was delayed following queries from US regulators regarding its books. The bank's report said that its "internal control over financial reporting was not effective" for 2021 and 2022.